By Mitch Lipka
(Reuters) – Just about anyone who has a credit card, bank account or a relationship with a financial services company is likely to have agreed to settle a dispute through arbitration and forfeit the right to sue.
The legality of that practice was buttressed by the U.S. Supreme Court on Thursday when it delivered yet another blow to class action lawsuits by ruling in favor of an arbitration agreement that prevents merchants from banding together to make antitrust claims against American Express Co.
June 19 (Reuters) – When the New York Hilton Midtown said it
was dispensing with room service starting in August, it caught
the attention of frequent travelers who, after getting in from a
long flight, have come to count on being able to order a burger
at 2 a.m.
The news was particularly significant since room service
itself was popularized about a half mile away in the 1930s at
the Waldorf Astoria Hotel, which is now also part of the Hilton